Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Entrepreneurship Development

Question:

Identify the characteristic of entrepreneurship from the following ?

Options:

Risk taking

Relative

Interrelatedness

Contingent

Correct Answer:

Risk taking

Explanation:

The correct answer is option (1) : Risk taking

The characteristic of entrepreneurship from the list provided is:

(1) Risk-taking.

Entrepreneurship often involves a willingness to take risks, whether they are financial, personal, or related to business decisions. Successful entrepreneurs are typically willing to take calculated risks and make bold decisions to pursue opportunities that others might avoid.
This characteristic is crucial in the world of entrepreneurship, as it can lead to innovation, growth, and the potential for significant rewards.